August 7, 2013. Pipe Metallurgical Company (TMK) supplied its goods and maintenance services relating to the fracturing job on a well in Davydovsky oil deposit that belongs to Orenburgneft (a member of NK Rosneft); the fracturing job will be done by the oil servicing company Schlumberger. According to the company's press service, this is the first time TMK's premium produce will be used in a fracturing job. Unlike regular pipes, pipes with enhanced maintenance characteristics guarantee reliable fixture of stands, whatever the workload, and the necessary air-tightness when used,

August 7, 2013. METCOMBANK is now launching new technologies aimed at reducing fraud risks; these technologies have already proved efficient, as 10 fraud attempts involving credit cards were prevented in the first month of the launch alone, the bank's press service reports. The bank analysts look into every transaction that a customer performs 24/7, and if there are grounds to suspect it can be a fraudulent action, they contact the cardholder over the phone to find out if this was really them who performed this transaction. 'Ensuring the total safety of all the transactions is above

August 7, 2013. MegaFon subscribers now have a unique opportunity to pay for their shopping at the online store Ozon.ru using their mobile phone account. In fact, if you use your mobile account to pay for the shopping before August 31, free delivery is offered. MegaFon's press officer reports. The service is available within the popular Mobile Payments system. Thanks to this system, MegaFon subscribers pay their Internet, TV, and housing bills as well as road police fines and restaurant bills and make loan repayments and much else besides; they can also use the service to make money

August 7, 2013. The international rating agency Standard & Poor’s placed Uralkaliy's (URKA+5.39%) long-term credit rating BBB- and the national scale ruAAA rating on the Rating Watch list, and this might actually be demoted in the future, Prime reports. The rating agency explains that the rating has to be reconsidered after Uralkaliy announced on July 30 that it would stop dealing in export sales through Belaruskaliy. S&P experts believe that under these circumstances, the company's solvency might drop below the BBB- level, as giving up on export sales will exert some

August 7, 2013. The Central Bank of the Russian Federation made Bank24.ru face administrative liability and pay a fine; this information is available from the regulatory body's website. Bank24.ru was fined for violating Article 15.27 of the Russian Federation Administrative Offense Code by failing to meet the legal requirements on countering money laundering activity and terrorist financing. The bank had to face administrative liability on the basis of the first part of the Article. The Central Bank's decree has already come into full effect.

August 7, 2013. Magnitogorsk Iron & Steel Works (MMK) came up with a report on the projects it implemented that were aimed at decreasing the company's energy spending at MMK Group's enterprises and divisions in the first half of 2013. The events were targeted at saving energy, electric power, fuel, drinking and manufacturing water, heating energy, and air separation products, the company reports. The measures taken in the first half of 2013 (including replacing the energy-intensive equipment and improving the performance of the appliances used) 3.7 million kilowatt-hours of